Ann: Changes to Executive Remuneration, page-7

One of the questions that is still to be answered is whether $1 million in revenues is enough to maintain the company. The short answer is no, we would still be burning cash that we will have accrued through a capital raising (either through a placement or through the takeup of options). Of course, if we have revenues of $1million then capital raisings should be fruitful.

It's not possible to know how much cash we would still be burning though without knowing what the costs of production are (and how much the company plans on spending on research and development. Hopefully the company will provide us an indication of the cost of production when it announces the new Codi deal.

I'm increasingly thinking I will support the remuneration changes, but I'm still not decided.